5+ Days Ago
Location
412 N Montgomery St #202, Memphis, TN 38104, USA
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Property Overview
412 North Montgomery Street, Unit 202, features a cozy studio/2 bedroom layout and earns a strong Zumper expert rating of 7.7 out of 10. With excellent ratings for price (8/10), amenities (8/10), and location (9/10), it presents a competitive value and premium living experience. Additionally, the property maintains a trustworthiness rating of 7/10 and showcases 15 photos, highlighting its appeal in the rental market.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Dishwasher
- Images Available
Floor plans
| 412 North Montgomery Street, Unit 202 | Studio | 1 bath | 800 sqft | $1,050 /mo | MOVE IN SPECIAL ALERT! Instead of paying $1, 050 for 1st month... Now it will be $500! We Accept Section 8. Make this house your new HOME! Very nice Cozy Studio/2 bedroom. Walking distance from the crosstown building and 10 min drive from downtown. This one won't last long! |
Let's explore this property.
Amenities for 412 North Montgomery Street, Unit 202
Appliances
| Dishwasher | Garbage Disposal |
| Range/Oven | Refrigerator |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Year built | 1920 |
|---|---|
| Lease terms | 12+ months |
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About 412 North Montgomery Street, Unit 202
MOVE IN SPECIAL ALERT! Instead of paying $1, 050 for 1st month... Now it will be $500! We Accept Section 8. Make this house your new HOME! Very nice Cozy Studio/2 bedroom. Walking distance from the crosstown building and 10 min drive from downtown. This one won't last long!
Year Built: 1920
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very GoodWith a solid 8.3 out of 10 overall, 412 North Montgomery Street, Unit 202 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 412 North Montgomery Street, Unit 202 has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
412 North Montgomery Street, Unit 202 offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 412 North Montgomery Street, Unit 202 is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
412 North Montgomery Street, Unit 202 is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 412 North Montgomery Street, Unit 202 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
412 North Montgomery Street, Unit 202 provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 412 North Montgomery Street, Unit 202 compares to other nearby properties.
Positives
- More space
- Studio is 183 sqft larger than other listings nearby
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
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Rent trends in Memphis
studio apartments at 412 North Montgomery Street, Unit 202 cost about 14% less than the average rent price for studio apartments in Memphis.
Median rents as of Mar 7 2026.
Memphis
| Month | Median Rent |
|---|---|
| March 2024 | $650 |
| April 2024 | $705 |
| May 2024 | $769 |
| June 2024 | $765 |
| July 2024 | $885 |
| August 2024 | $1,110 |
| September 2024 | $1,155 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,183 |
| December 2025 | $904 |
| January 2026 | $858 |
| February 2026 | $1,202 |
| March 2026 | $1,219 |
Affordability calculator
Can I afford to live at 412 N Montgomery St #202?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this studio monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.
Schools near 412 North Montgomery Street, Unit 202
Snowden Elementary/Middle School
1870 n parkway
memphis, TN, 38112
PK, K-8Public
C+
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
PK, K-12Public
Hamilton School
1478 wilson st
memphis, TN, 38106
PK, K-8Public
C-
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
PK, K-5Public
C-
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Internet available near 412 North Montgomery Street, Unit 202
Getting around Memphis near 412 N Montgomery St #202
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 412 N Montgomery St #202, Memphis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
4/10
At least one elementary school within a 30-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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